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Pay jumped for the executives at FuelCell Energy in 2014, a year when the company's stock reached heights and receded from them, its sales struggled, and its factory embarked on a plan to double output. Arthur Bottone, the Danbury company's chief executive, brought home $1.1 million in 2014, a 41 percent increase from how much he made the year prior, according to federal filings. He made $766,901 in 2013. The Hartford Courant calculates compensation as the sum of salary, bonus, value gained on the exercise of stock options and the vesting of stock awards, plus other forms of direct pay. The increase in Bottone's pay came mainly from gains he made in stock awards that vested...

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Pay jumped for the executives at FuelCell Energy in 2014, a year when the company's stock reached heights and receded from them, its sales struggled, and its factory embarked on a plan to double output.Arthur Bottone, the Danbury company's chief...

BLOOMFIELD — Schools Superintendent James Thompson is proposing a $39.27 million budget for 2015-16.The spending plan, which Thompson presented to the board of education Tuesday, calls for an increase of $713,000, or 1.85 percent, over this year's budget,...

Obamacare has made Mark Steber eager for this tax season."It's a very exciting time for tax nerds and geeks in the industry," said Steber, chief tax officer at the tax preparation company Jackson Hewitt.That's because the federal health law...

Aetna closed 2014 by matching Wall Street earnings expectations, and the insurer raised its forecast for 2015 thanks in part to a price break it got on some expensive hepatitis C treatments.
The nation's third-largest health insurer said Tuesday that...

The number of businesses offering health insurance to Connecticut workers declined over the decade ending in 2013, the latest figures from a public heath foundation show.
Research from the Robert Wood Johnson Foundation of Princeton, N.J., showed that...

Aetna CEO Mark T. Bertolini told employees at a meeting Monday the company is raising its minimum wage to $16 per hour in April.It will be a pay boost for about 5,700 employees, of which 26 are in Connecticut. Most of the employees who will benefit are in...

Former Gov. John G. Rowland's former state police chauffeur, Vincent DeRosa, has won a $19,000-a-year increase in his lifetime pension, along with a 10-year, retroactive payment of more than $177,000 upfront.
As Rowland was being convicted this past...

The only possible good that can come from Vincent DeRosa's pension increase is that it finally spurs the General Assembly to get overtime out of state employee pension formulas.
But, union influence in the legislature being what it is, we're not...

MIDDLETOWN – Superintendent Patricia Charles is seeking a nearly 6 percent increase in education spending for the 2015-16 school year, saying her budget would "move the schools forward."However, anticipating resistance to her $80.7 million...

There is a crisis in Connecticut. This crisis affects the most vulnerable members of our great state, those with intellectual and developmental disabilities and their families. The wait list for individuals in need of proper places to live has grown to...

The University of Connecticut's Board of Trustees voted Monday to extend UConn President Susan Herbst's contract until 2019 with an overall increase in salary and other compensation that will bring her total compensation to more than $758,000 a year in...

Washington – Connecticut businesses must begin complying with the Affordable Care Act this year, but the new Republican-led Congress is trying to blunt the impact.Most efforts to change the ACA, however, will put Congress at loggerheads with the White...

Washington – When it comes to federal dollars, is it better for Connecticut residents to give or to receive?It depends on who you ask.Connecticut is among about 14 states receiving less in federal dollars than its residents pay in federal...

The chief executive of The Phoenix Cos. had a compensation package totaling $1.5 million in 2013, according to a proxy statement filed this week.Pay for the CEO, James D. Wehr, comprised $700,000 in salary, $203,000 in non-equity incentive pay, $68,095 in...

In conjunction with the 100th anniversary of the Pearl Street Library, Enfield Historical Society President Karl O'Konis decided he would find out what Enfield was like in 1914.
O'Konis, 72, was raised and still lives in Enfield. A member of the...

Lois Krause, consultant at KardasLarson, a Connecticut-based HR consulting firm, will co-lead "Play or Pay: This Year the Wrong Decision Will Cost You", presented by CBIA's HR Council. The event takes place Tuesday, November 11, 2014, from...

Occasionally, the Supreme Court considers questions that are answered merely by asking them. On Tuesday, the court will hear arguments about this: Should a government agency, whose members are chosen by elected officials, be empowered to fine or...

ARLINGTON, Texas – Now that the Huskies have won the title, athletic director Warde Manuel plans to sit down with coach Kevin Ollie and talk about a new contract, which will include more years and dollars.
"Right now, I'm going to go to [the women's...

Patrick J. Dempsey, head of Barnes Group Inc., an aerospace manufacturer and distribution firm, made $2.21 million last year, according to federal filings.
The top paid executive at the firm, though, was Gregory F. Milzcik, the chief executive who...

Cigna Corp. CEO David M. Cordani's compensation last year was 4.5 times the amount he received the year before, according to an annual notice of executive compensation filed Friday with the U.S. Securities and Exchange Commission.
He received $3.97...